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Technology Stocks : General Instrument Corp.'98 (GIC) -- Ignore unavailable to you. Want to Upgrade?


To: Verona who wrote (269)4/30/1998 4:20:00 PM
From: Don Dorsey  Respond to of 615
 
We are currently halted after hours awaiting earnings. Meanwhile some news is coming out.

General Instrument and DIVA Systems Collaborating to Deliver True Video-On-Demand Services Over GI's Interactive Digital Cable Platform

PR Newswire - April 30, 1998 13:27

Lenfest Communications to Deploy True Video-On-Demand Service Over GI's
DCT-1000 Interactive Digital Platform This Year

HATBORO, Pa. and MENLO PARK, Calif., April 30 /PRNewswire/ -- General
Instrument Corporation (NYSE: GIC) and DIVA(TM) Systems Corporation have
entered into a letter of intent defining a system solution to jointly enable
and market DIVA's OnSet video-on-demand (VOD) service on GI's DCT-1000 and
DCT-1200 interactive digital cable platforms. By integrating DIVA's OnSet(TM)
VOD service with GI's industry leading digital interactive cable platforms,
this joint effort will enable cable operators to commercially deploy a
cost-effective integrated VOD system over their GI interactive digital cable
systems by this fall.
For operators currently deploying GI's DCT-1000 interactive digital cable
platform, the integration of DIVA's OnSet VOD service will provide them with a
complete solution, from equipment to content, for a commercially deployable
VOD system. This integration will build upon an operator's existing GI
interactive digital cable system, enabling the commercial deployment of the
OnSet service utilizing the embedded base of GI interactive digital set-top
terminals. Through an OpenCable compliant implementation of DIVA's OnSet
service, operators will be able to build upon the embedded investment in the
more than 1 million DCT-1000/1200's shipped to date, and lead the market by
delivering a true video-on-demand service to their digital cable customers.
One of the first customers for this new video-on-demand service will be
Lenfest Communications. The DIVA service is currently being offered through a
DIVA developed implementation using separate VOD set-tops in selected
neighborhoods, or "nodes," in Delaware County, Pa. Lenfest's Suburban Cable
division offers the service. This joint effort will enable DIVA's OnSet
service to be streamed from the headend to an operator's DCT-1000/1200 digital
set-tops, and potentially open up VOD service to the more than 25 million
homes currently passed by GI's industry leading interactive digital systems.
"The ability to bring DIVA's OnSet service to our customers over the GI
digital platform is great news for us, our customers, and the industry as a
whole," said Gerry Lenfest, Chairman and CEO of Lenfest Communications. "Our
Suburban Cable division will be deploying interactive services using GI's
digital systems and set-tops beginning this year."
The DCT-1000/1200, GI's current generation of digital interactive
set-tops, offers a rich feature set including real-time RF return, MPEG-2
digital video, Dolby AC3 Digital audio, and the ability to integrate
seamlessly with embedded GI analog systems. With over 1 million units shipped
to date, the DCT-1000/1200 provides the industry with a powerful platform
capable of delivering a wide range of applications such as Video-On-Demand,
Internet access, e-mail, community networking, electronic program guides and
more. GI maintains a commitment through its Horizon Developers program to
help advance the integration of new services onto GI's digital platform and
enable operators to deploy an ever-increasing array of revenue-generating
services on their GI digital platforms.
DIVA's OnSet service, already developed and deployed in four U.S. cable
systems, provides customers with instant access to hundreds of the latest
Hollywood movies, classic "library" titles, and an outstanding package of
children's and family programming at any time. Additionally, the service
offers fast-forward, pause, and rewind functionality. Because OnSet also
enables customers to "bookmark" the movie, they can return to it hours later
... right where they left off.
Viewers control the OnSet service through a navigator which is a
user-friendly, audio and visually engaging display on the television screen.
By simply working the remote control, they can access previews or select
content by title, movie genre, or lead actor. Movie information screens
provide more detailed information and immediate access to a preview of each
title. Tutorials on how to use the service and account management options,
such as setting spending limits or parental control features, are also easily
accessed through the navigator and remote control.
"This joint effort represents another step in our ongoing commitment to
provide our customers with an ever-evolving array of revenue generating
services. The capability to deliver true video-on-demand service is certainly
one of the most popular of the interactive services to be delivered by GI's
interactive digital platform," said David Robinson, Senior Vice President and
General Manager of General Instrument's Digital Network Systems. "Already
commercially deployed, DIVA offers a comprehensive package including its
powerful server, customer interface, asset tracking, billing applications and
turnkey support to operators; and is a strong compliment to our interactive
digital system."
"With its broad base throughout North America, GI is the clear market
leader in developing and deploying digital interactive systems," said Paul
Cook, Chairman and CEO of DIVA Systems. "This presents us with an extremely
attractive opportunity to leverage the interactive capabilities of this
platform and deploy our OnSet VOD service to a significant customer base.
This strategic collaboration will allow the many operators who are now
deploying or plan to deploy GI's interactive digital systems to offer their
digital customers true VOD through our OnSet service this year."
DIVA Systems Corporation is the leading provider of digital
video-on-demand services to the cable television industry. It is a privately
held company founded in June 1995 with the acquisition of rights to the
"Sarnoff Server" obtained from the Sarnoff Corporation (formerly RCA Labs),
the world's premier visual imaging laboratory. DIVA is headquartered in the
heart of California's "Silicon Valley" on the campus of SRI International
(formerly the Stanford Research Institute), in Menlo Park. It began
commercial deployment of its digital video-on-demand entertainment network,
OnSet, over cable television systems in the Fall of 1997.
Certain statements of DIVA contained in this release, including those
relating to large scale deployments of DIVA's OnSet VOD service with cable
operators, are forward looking statements and therefore are made pursuant to
the safe harbor provisions of the Private Securities Litigation Reform Act of
1995. Actual results may differ and such differences may be material. These
statements involve risks and uncertainties, including that they are dependant
on entry into long term agreements with cable operators, expansion of existing
cable operator agreements based on the results of DIVA's initial deployments,
the existence of upgraded cable plant, the continued development of DIVA's
technical platform and services, continued access to programming content, the
rate and extent of consumer acceptance, and the impact of development of
competitive products and services.
General Instrument Corporation (NYSE: GIC) is the world leader in analog
and digital systems that provide video, audio and high-speed Internet/data
services over cable and satellite TV networks. GI's cable and satellite TV
operations have approximately 7,000 employees and annual sales of
approximately $1.8 billion.
Visit General Instrument at the Cable-98 show in Atlanta, GA in booth 2106
and DIVA in booth 3452.

GI Web Site - gi.com
DIVA Web Site - divatv.com
SOURCE
/CONTACT: Sharon Corbitt, Manager of Media Relations, 215-323-1873, or
scorbitt@gi.com, or Dick Badler, VP, Corporate Communications, 215-323-1618,
or dbadler@gi.com, both of General Instrument; or Patrick Gushman, VP,
Corporate Communications of DIVA Systems, 650-859-6961, or
pat.gushman@divatv.com/
/Web site: divatv.com
/Web site: gi.com
(GIC)



To: Verona who wrote (269)4/30/1998 4:22:00 PM
From: Don Dorsey  Respond to of 615
 
General Instrument and Sony to Demonstrate Home Networking Technologies at Cable-98 Show

PR Newswire - April 30, 1998 08:41

GI and Sony Collaborate to Show Enhanced Capabilities of Advanced Digital
Interactive Systems at the Cable-98 Show in Atlanta

HORSHAM, Pa. and SAN JOSE, Calif., April 30 /PRNewswire/ -- General
Instrument (NYSE: GIC) and Sony today announced that they will jointly
demonstrate interactive digital in-home networking utilizing a prototype of
GI's advanced interactive digital set top terminal, the DCT 5000+, and
incorporating Sony's i.LINK (IEEE 1394) based Home Networking Module and
"Aperios" real time operating system. The companies will demonstrate the
prototype at the National Cable Television Association (NCTA) Cable '98 show,
taking place in Atlanta from May 4 through 6.
"The prototype DCT 5000+ demonstrates the seamless convergence of
broadcast and home network applications that will enable a new range of
services in the home," said Edward D. Breen, Chairman and CEO of GI. "With
the expanded capabilities of our advanced digital platform, we can explore new
applications and additional ways to make our products even more consumer-
friendly. Our prototype showcases some of those new services and
applications."
The applications demonstrated at NCTA Cable '98 will include;

-- EPG (Electronic Program Guide) which offers a variety of programs, from
movies to news, as well as the new "Expanded TV" application that
provides new information services broadcast as part of the normal TV
program;
-- High speed Internet access -- up to 30Mbps (Mega bits per second);
-- Easy control of home networked AV devices equipped with an i.LINK
interface, such as MiniDisc recorders and camcorders of the future,
using an integrated 'on-screen' menu;
-- Home Monitoring with Sony's mini CCD camera, which enables monitoring
visitors at the door, babies in the bed room on a TV screen;
-- An Intelligent Search function which helps users find all of the
content related to a specific topic from all the sources on the home
network, including live broadcast, pay-per-view movies and users' DVD
or CD library;
-- Smooth video telephony over cable network.

"GI's digital set-top box prototype illustrates the feasibility of an open
home network architecture," said Gary Myer, president of Digital Network
Solutions Company America, a division of Sony Electronics Inc. "Sony's Home
Networking Module, Aperios real time operating system, and the i.LINK
interface provide comprehensive home network solution that will allow
different brands of products to be seamlessly interoperated and will enable
many new applications and services."
Sony's Home Networking Module is a middleware (the software that runs
between an operating system and application software) that allows digital
electronics appliances equipped with the i.LINK interface to be interconnected
and interoperated. The i.LINK interface offers the ability for devices to
send and receive digital commands and digital AV streams, such as video or
audio, at up to 200Mbps.
Aperios is a real time operating system that Sony designed to support the
requirements of digital AV products such as advanced digital set top boxes.
It is especially suitable for real time applications, such as video and audio,
because it can process continuous media efficiently without interruption. By
virtue of its modular object-oriented structure, it is highly configurable and
scalable and can be targeted at a range of digital AV products.
GI's DCT-5000+ advanced interactive digital terminal is designed to
deliver an unprecedented level of processing and graphics capabilities to the
digital set-top terminal. Built around a high powered processor and a high-
end 3D and picture-in-graphics capable graphics platform, the DCT-5000+
represents the leading edge in next generation digital cable terminals. The
processor in the DCT-5000+, the MIPS RM5230, delivers unparalleled processing
capabilities with a 233 MIPS (million instructions per second) 175MHz
processor. The DCT-5000+'s unique triple tuner architecture will enable users
to simultaneously watch TV and surf the Internet or watch and talk using cable
IP telephony functionality.
In January, GI and Sony announced that they planned to form a strategic
alliance, subject to definitive agreements, to jointly develop technologies
for digital cable TV devices and high definition products.
General Instrument is a world leader in the cable/satellite TV business,
providing both analog and digital systems that offer video, audio and high-
speed Internet/data services over cable television and satellite networks. It
is the only company commercially deploying interactive digital cable systems
in the North American market. To date, some 1 million units have been
shipped, and more than 500 headends have been deployed, passing more than
25 million households.
Sony is a global leader of audio, video, communications and information
technology products for the consumer and professional markets. Its music,
pictures and computer entertainment operations make Sony one of the most
comprehensive entertainment companies in the world. Sony recorded
consolidated annual sales of over $45 billion in fiscal year '97 and employs
more than 163,000 people worldwide.

SOURCE General Instrument Corporation
/EDITORS' ADVISORY: The prototype of the advanced digital set top box
will be demonstrated at GI's booth at the World Congress Center. The booth is
located No. 2106. (information needed from GI) Please contact Dick Badler of
GI or Mack Araki of Sony for the booth appointment./
/CONTACT: Dick Badler of General Instrument, 215-323-1618, or e-mail,
dbadler@gi.com, or Mack Araki of Sony Electronics, 408-955-5673, or e-mail,
mack_araki@ccmail.sel.sony.com/
/Web site: gi.com
(GIC SNE)



To: Verona who wrote (269)4/30/1998 4:33:00 PM
From: Don Dorsey  Respond to of 615
 
.13

.02 above expectations.